So you’re saying in the 80s and 90s, when 20% and 3x income were the norm, the majority of cheaper area were bought by investors? I don’t buy that one bit. If the buyers of primary resident are not there, the price will fall to a point where they can afford it. I thought that’s the whole argument of this site, is that, price will fall to fundamental. Fundamental is where people can afford to buy.
